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Lawmakers to look at Corzine, rating firms' ties: report

U.S. lawmakers plan to look into the relationship between bankrupt mid-size brokerage firm MF Global Holdings Ltd's former CEO Jon Corzine and the major credit-rating agencies, The Wall Street Journal reported on Thursday, citing a person familiar with the matter.

Apple ahead in mobile loyalty: Gfk research firm

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Apple is well ahead of rivals in building brand loyalty among its users in a mobile market where the key brands are rushing to build as large a foothold as possible, a study by research firm GfK showed.
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Australia approves $11 billion Foster's sale to SABMiller

Australia's government approved on Friday SABMiller's A$11.5 billion ($11.2 billion) deal to acquire Foster's Group Ltd under foreign acquisitions laws, but imposed conditions requiring the company to keep brewing operations in Australia.
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TSX Hits Seven-Week Low on Eurozone Fears

Toronto's main stock index hit a seven-week low on Thursday morning, as materials and financial issues retreated in response to euro zone debt fears, sparked by rising German government bond yields.
A protester raises his fist behind police officers after they moved in to evict protesters at St. James park during the "Occupy Toronto" movement

Police clear Occupy Toronto with few detentions

City workers dismantled tents and cleared debris from a downtown park on Wednesday as part of a restrained, daylong operation by police to peacefully end a five-week encampment by Occupy Toronto protesters.
Lawyer Ince walks out of the B.C Supreme Court in Vancouver

Provincial court upholds ban on polygamy

A Canadian provincial court on Wednesday upheld the country's ban on polygamy, saying the harm that plural marriage causes to women and children outweighed any infringement of religious freedoms.
Ontario finance minister Duncan answers questions at a news conference after the Canadian finance ministers meeting in Kananaskis.

Ontario cuts growth targets, says budget on track

The Ontario government cut its growth, revenue and reserve targets on Wednesday, but said it was still on track to balance the budget in six years, without lowering total program spending or raising taxes.
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German bonds fall; stocks, euro vulnerable

German government bond yields hit their highest in nearly a month and world stocks held near 7-week lows Thursday, a day after a weak debt sale in Berlin fanned fears the euro zone debt crisis is starting to threaten its biggest > falling 115 ticks on the day to 134.66, the lowest since October 31.
Thanksgiving Day Parade Balloons

Macy's Unveils Thanksgiving Day Balloons

On the dreary Thanksgiving eve, thousands of people came out to see the famous Thanksgiving Day Parade balloons being inflated near the American Museum of Natural History. One of the most poignant parts of Thanksgiving is Macy's annual Thanksgiving Day Parade, the balloons have been a staple to the parade since 1927.
Apple iPad 2

Apple May Launch iPad 3 by March 2012: Analyst

Barclays Capital said its research still points toward Apple Inc. continuing to innovate in the iPad category with an iPad 3 launching in the March 2012 timeframe with an HD screen, Siri integration and a faster processor.
A man walks past a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou

Alibaba.com posts slowest quarterly growth in almost 2 years

Alibaba.com, China's largest e-commerce firm, posted an 11.9 percent rise in quarterly net profit, its slowest growth in nearly two years, with the company raising concerns due to a weak trade outlook stemming from debt woes in Europe and the United States.
Employees and guests of Groupon ring the opening bell in celebration of the company's IPO at the Nasdaq Market in New York

Why Groupon is Falling

Shares of Daily Deals site Groupon, Inc. (NASDAQ:GRPN) fell 15.5 percent, or $3.11, Wednesday to $16.96, more than $3 below its initial trading price of $20.
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China sees factory growth slowing slightly in 2012

Growth in China's factory output is likely to fall slightly to 12-13 percent in 2012 due to weakening global demand, the industry ministry said on Thursday, but that level probably still implies a comfortable GDP growth rate of 8-9 percent next year.
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Medical Marijuana Industry Suffers Blow from Federal Interference

The medicinal value of cannabis is a controversial topic. The debate centering on the legality of its use in certain situations has been unresolved for decades now, fueled, to some extent, by the U.S. federal authorities refusal to accept its possible medicinal uses. That refusal has hit the billion dollar marijuana industry hard in recent times.

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